372 Plum St, Bastrop, TX, 78602 | 4.54% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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372 Plum St, Bastrop, TX, 78602 | 4.54% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Bastrop at 372 Plum St, Bastrop, TX, 78602 at $500,000 posts ROI 7.85% with from $1,890/mo rent. Total monthly income equals $1,890/mo. Return on cash invested measures 7.85% and rental yield reads 4.54% at the current $500,000. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 by year five. Five-year ROI prints 39.4% and total cumulative return in cash totals $65,300. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,890/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1981

0.75 Acres lot

$N/A/sqft

No HOA

More details about the property

OWNER FINANCE AVAILABLE: This beautifully updated and furnished 2-bed - with office that could be 3rd bedroom, 2-bath home was fully renovated in 2021 with high-end upgrades throughout. Enjoy epoxy-coated metal floors, a stunning quartz waterfall island in the open-concept kitchen, and an entire second floor devoted to a luxurious primary suite with walk-in closet, spa-like bath, and private balcony access. Seller is a licensed Texas real estate agent and the owner of the property. All appliances and furniture convey. See pics. Situated in a quiet area of Bastrop County with easy access to downtown, this home blends rural charm with modern design. Open grass area, tons of parking on the gravel driveway and elegant tall pine trees with a wooded ravine in the rear. Owner financing available see attached documents for terms. All contracts to be written through sellers RE attorney for security and compliance. Bonus - there are 2 RV pads. One 2019 RV conveys with purchase and other is owned by investor who bought 374 Plum St from me. He pays lot rent and so does tenant in other RV that I own. You can keep both rental agreements in place to HALVE YOUR MORTGAGE COST. See attached docs.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78602, Bastrop, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,506 (100%)
Owner Occupied HU	11,642 (70.5%)
Renter Occupied HU	3,542 (21.5%)
Vacant Housing Units	1,322 ( 8.0%)
Median Home Value	$347,719
Average Home Value	$396,837